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20121129
20121207
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which is this part being attributed to the comments. u.s. popped on fiscal cliff talks. for now markets like what they see. the exception as becky noted was the shanghai comcomposite, ugly ugly. it has continued to sink. in the meantime want to draw your attention to the bond wall because if you look at spain and italy, we've seen yields come down quite a bit. 5.25% is the level on the spanish ten year. 4.535 on italy. italy also auctioned off five and ten year debt. france and belgium seeing uncertain thunmad uncertain maturities. now, want to draw your attention to uk banks. we're waiting in just about two hours the levinson report on press ethics that was spawned of course spurred by the phone hacking. in the meantime bank of england's report on financial stability that caught the market's attention. strong words about banks needing to raise capital. that's still going on. hearing from paul tucker who was passed over for the next boe job. for the most part still seeing green arrows across the board. what accounts for the fact they're doing so well? for one we've known these concerns
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